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1 & 11 Lalina Avenue, Tweed Heads West, NSW 2485

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1 & 11 Lalina Avenue, Tweed Heads West, NSW 2485

Large land holding in high growth Tweed region

Tony Grbcic of Kollosche Commercial and Rob Lamb of Kollosche are proud to present to the market 1 & 11 Lalina Avenue, Tweed Heads.

The property presents a unique opportunity for the astute developer to purchase two adjoining lots measuring a total of 6,964m2* in a high growth region.

Key attributes:

- Large land holding on two titles, each measuring 4,281m2* and 2,683m2*

- Rare offering, tightly held for four generations

- Three residential dwellings with holding income potential

- Initial Town Planning advice suggests that the land is located within the R2 Low Density Residential Zone with an identified minimum lot size of 450m2

- Land within the R2 Low Density Residential Zone may be subdivided with development consent and Tweed Shire Council development approval

Annual growth for the Richmond-Tweed market outpaced all other regional areas across Australia over the year to April 2021, with house prices having jumped 21.9%.

The Tweed region continues to ride the wave of post-Covid migration from urban centres. Major infrastructure investment, including the Tweed Valley Hospital, is also driving housing demand.

Well positioned sites of this size are a rare find on the Tweed, please contact the exclusive marketing agents, Tony Grbcic or Rob Lamb, for more information.

Disclaimer: Whilst every effort has been made to ensure the accuracy of these, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these as representations of fact but must instead satisfy themselves by inspection or otherwise.

This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Remember to mention you found this property on DevelopmentReady.com.au

Development Site Summary

  • Auction:
    Auction:
    Auction On-Site, Sunday 4 July at 1pm
  • Property Area
    Area:
    6964 m² (*approx)
  • Property Type
    Type:
    Commercial, Residential, Townhouse Sites, House
  • Development Potential
    Development Potential:
    Residential Development Opportunity (STCA)

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